Nuveen Churchill Direct Lending Corp.NCDL
What Nuveen Churchill Direct Lending Corp. does.
We are a specialty finance company focused primarily on investing in senior secured loans to private equity-owned U.S. middle market companies. We are externally managed by our Adviser, Churchill DLC Advisor LLC, and through our Sub-Advisers, Churchill Asset Management LLC and Nuveen Asset Management. Our Adviser and our Sub-Advisers are affiliates and subsidiaries of Nuveen, the investment management division of TIAA and one of the largest asset managers globally. We invest in directly originated senior secured loans that typically pay floating interest rates and are senior in the capital structure to junior debt and equity, as we believe these loans offer us more attractive risk-adjusted returns and stronger protections than investments in the traditional public debt capital markets. We seek to partner with high quality, private equity-owned middle market companies that have strong management teams executing on long-term growth strategies. Additionally, the private equity sponsors that own the businesses we lend to typically have the ability and strong incentive to support their portfolio companies by providing additional capital and managerial and operational assistance. We believe this support could potentially enhance the performance of our portfolio companies and provide additional protections for our investments.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Net income | — | $27.3M | $17.3M | $75.9M | $116.3M | $65.6M |
More on NCDL.
- Nuveen Churchill Direct Lending Corp. summary
- Nuveen Churchill Direct Lending Corp. financial statements
- Nuveen Churchill Direct Lending Corp. key metrics
- Nuveen Churchill Direct Lending Corp. health scores and style box
- Nuveen Churchill Direct Lending Corp. earnings
- Nuveen Churchill Direct Lending Corp. dividends
- Nuveen Churchill Direct Lending Corp. valuation
- Nuveen Churchill Direct Lending Corp. ownership and insiders
- Nuveen Churchill Direct Lending Corp. peers
Figures from Nuveen Churchill Direct Lending Corp.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.